Funding you earn now, next payment 02:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h +0.053%
Price spread now: Arcus against Variational Omni−0.114%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Arcus is 0.114% cheaper against Variational Omni than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.44 | 0.0187 | pay 0.0187% / 8h | 6h 23m | $1.3M | $363K | — |
| Short | Arcus ORCL-USD | 149.27 | 0.0040 | get 0.0005% / 1h | 23m 28s | $86K | $80K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$30.72
- Price spread: −0.114% → 0.000%
- −$11.4
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$46.62
- Costs to cover
- 0.045%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Arcus: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 1 min ago | 3.05 bp | doesn't fit | 35.2 bp −$352 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORCL on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0499% | 4h | 149.41 | −0.021% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.21 | −0.152% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.107% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.45 | +0.006% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.40 | −0.027% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.32 | −0.081% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.255% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USDshort | +0.0040% | 1h | 149.27 | −0.114% | $86K | $80K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.33 | −0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.30 | −0.094% | $131K | $90K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.35 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.11 | −0.221% | $712K | $681K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.35 | −0.060% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.17 | −0.182% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0078% | 1h | 149.25 | −0.127% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.147% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.34 | −0.067% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0129% | 8h | 149.44 | 0.000% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0156% | 8h | 149.34 | −0.065% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCLlong | +0.0187% | 8h | 149.44 | long leg | $1.3M | $363K | — | |
| Bitget ORCLUSDT | +0.0190% | 8h | 149.47 | +0.020% | $7.7M | $4.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 149.33 | −0.071% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0244% | 8h | 149.38 | −0.039% | $24.9M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0306% | 8h | 149.46 | +0.013% | $260K | $262K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0335% | 8h | 149.37 | −0.047% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0490% | 8h | 149.40 | −0.027% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.29 | −0.101% | $153K | $75K | 10x | as long as short |
Variational Omni ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL